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Minnesota has passed legislation allowing state-chartered banks and credit unions to provide cryptocurrency custody services, in response to Wall Street's expansion in the digital asset sector. The law will take effect on August 1st, 2026, and bans cryptocurrency ATMs and self-service terminals statewide. Institutions offering custody services are required to meet strict federal compliance standards, but will not be covered by federal deposit insurance.

Golden Ten Data, May 23 – Both WTI and Brent crude oil prices briefly plunged by over $2, reaching lows of $97.9/barrel and $98.5/barrel respectively. They then partially rebounded and are now trading at $99/barrel and $99.4/barrel. According to sources cited by Sky News Arabia, Iran has reached an understanding on the general framework regarding the nuclear issue in ongoing negotiations. Arrangements for Iran to hand over (or surrender) uranium materials are linked to the lifting of sanctions and will be implemented gradually. The source also stated that a full consensus has not yet been reached on reopening the Strait of Hormuz and restoring its previous status. The current focus of negotiations is to reach a mutual understanding on the Strait of Hormuz issue. Iran is concerned that Israel might pressure Trump, potentially prompting Trump to back down (or withdraw his position) on the agreement, so Iran is still demanding guarantees from the U.S. for any future agreements. The sources noted that if a principled statement is approved, negotiators will proceed to the next phase in a week, which will last 30 days. The principled statement under negotiation covers ending the war, halting related matters that led to the war, resolving the Strait of Hormuz issue, and reaching a solution on the nuclear issue.

```htmlThe record date for the dividend has been set for June 1, 2026. This resolution marks a key advancement in the company’s capital allocation strategy. By distributing shares of Semnur Pharmaceuticals, Scilex aims to directly reward its shareholders, while potentially strengthening the strategic ties between the two entities. The range of holders eligible for this stock dividend includes holders of Scilex common shares and other designated equity securities.The company is expected to provide further detailed operational information closer to the distribution date. Shareholders should pay attention to upcoming announcements for important details regarding the ex-dividend date, distribution ratio, and specific procedures. This action reflects the Scilex board’s commitment to enhancing shareholder value and exploring innovative ways of delivering returns.```